---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-068441"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:14:55.823276+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# CoinDesk Indices replaces LMAX Digital with Crypto.com for BTC pricing in GDLC

## Summary
- Effective Dec 4, 2023, BTC Indicative Price now uses Coinbase, Kraken, and Crypto.com (LMAX Digital removed).
- Change driven by Crypto.com exceeding LMAX in BTC trading volume.
- Constituent exchanges for ETH, ADA, SOL, and MATIC remain unchanged.
- Reference Rate Provider may adjust venues further through quarterly reviews.

## SEC filing metadata
- accession: 0000950170-23-068441
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017023068441/0000950170-23-068441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017023068441/gdlc-20231204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-068441
- JSON: https://secwatch.observer/filing/0000950170-23-068441.json
- Plain text: https://secwatch.observer/filing/0000950170-23-068441.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.